Nil return penalty

Nil Return Penalty Highest Amount
Replies (4)
Quick Summary
This discussion clarifies the charges associated with failing to file a nil Goods and Services Tax (GST) return. It explains that the charge is a 'late fee' rather than a penalty. The fee is £20 per day, split into £10 for CGST and £10 for SGST, with a maximum total late fee capped at £10,000 (£5,000 for CGST and £5,000 for SGST).

Please clarify the situation

Per day Rs 20. To the maximum of 5,00/- per act.

It's called LATE FEE. Not penalty.

it's Rs. 20/ day as CGST Rs 10 and SGST Rs 10.
Maximum late fee amount Rs. 10000 (CGST Rs 5k and SGST Rs 5k)
Agreed with Raja PM

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